Canada - Toronto Stock Exchange - TSX:CM - CA1360691010 - Common Stock
We assign a technical rating of 10 out of 10 to CM. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CM is showing a nice and steady performance.
Besides having an excellent technical rating, CM also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 128.17. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 126.74, a Stop Loss order could be placed below this zone.
91.59
When analyzing the support we can see 2 important areas.
When analyzing the resistance we notice one important area.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CM.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CM.CA is up. |
| ChartMill Relative Strength | 72.91 | POSITIVE | CM.CA has a high relative strength, it outperformed 72.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CM.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CM.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CM.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.71 | NEUTRAL | The RSI value for CM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.3 | NEGATIVE | The MACD value suggests CM.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 49.19 | NEUTRAL | The Stochastics value for CM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.22 | LOW VOLATILITY | The low ATR as a percentage value for CM.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 22.33 | NEUTRAL | The ADX value for CM.CA suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 128.39 | 124.32 | 4.07 (3.17%) | 25.00% |
| An entry @128.39. This is a Buy Stop order right above the resistance zone. | An exit @124.32. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 4.07 points, which is 3.17%. | For a 0.79% total portfolio risk, you can invest 25.00% of your capital in this trade. |
TSX:CM (1/8/2026, 7:00:00 PM)
127.14
+0.35 (+0.28%)
ChartMill assigns a technical rating of 10 / 10 to CM.CA.
The current trend direction for CAN IMPERIAL BK OF COMMERCE (CM.CA) is Bullish.
CAN IMPERIAL BK OF COMMERCE (CM.CA) has an RSI value of 57.7115. This indicates that the stock is currently neutral.
The MACD indicator for CAN IMPERIAL BK OF COMMERCE (CM.CA) has a value of -0.302249, indicating a bearish trend.
The buy/sell signal for CAN IMPERIAL BK OF COMMERCE (CM.CA) is buy as both the short term and long term trends are positive.